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Corporation is trying to improve its inventory control system and has installed an online system at its retail stores. Fisk anticipates sales of 4 0
Corporation is trying to improve its inventory control system and has installed an online system at its retail stores. Fisk anticipates sales of units per year, an ordering cost of $ per order, and carrying costs of $ per unit. marksa What is the economic ordering quantity? marksb How many orders will be placed during the year? marksc What will the average inventory be marksd What is the total cost of inventory expected
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